Okuwa Co., Ltd. provided consolidated earnings guidance for the first half and fiscal year ending February 20, 2023. For the first half, the company expects operating income of JPY 125,000 million, operating profit of JPY 2,000 million, profit attributable to owners of parent of JPY 1,000 million and basic earnings per share of JPY 22.80.

For the year, the company expects operating income of JPY 252,000 million, operating profit of JPY 5,400 million, profit attributable to owners of parent of JPY 2,050 million and basic earnings per share of JPY 46.75.